Archive for the 'Economy' Category

Hummer doesn’t fit into China’s green strategy

Wednesday, March 3rd, 2010

Just recently it became public that Chinese officials refused to authorize Sichuan Tengzhong Heavy Industrial Machines of China to purchase Hummer from GM.
It is quite revealing to see how actively China is trying to become a leader in the green energy technology business. Tengzhong might have faced some difficulties and financial risks had the takeover [...]

tax increases or inflation: please choose one

Saturday, February 13th, 2010

Huge budget deficits as we can see them in all major countries in the world these days appear to have become an issue that people worry about, but somehow have learnt to accept. Except for China whose deficit is only at 2.9% of its GDP according to The Business Times - a very moderate deficit given [...]

Survey Results

Saturday, February 6th, 2010

As part of the research for my research paper “On the Threshold to a New Energy Age“, I conducted a survey in order to find out how “prepared” people are for the transition to a new age of energy generation and use as well as to gather opinions on current trends in energy issues.
In the [...]

who can save us from climate disaster?

Saturday, January 30th, 2010

Who can save us from climate disaster? Well, probably those whom you’d the least suspect to care about climate change.
Even if one in ten Americans turned into a tree-hugger, sold their car, moved downtown and commuted to work on a bicycle, that wouldn’t have any impressive, lasting impact on global emissions of greenhouse gases.
American oil consumption [...]

Twelve Years After Kyoto

Monday, January 25th, 2010

Can politicians lead a global transition to a low-carbon economy of the future? I have my doubts.
More than 12 years after the adoption of the Kyoto Protocol on December 11, 1997, no measures have been implemented to effectively reduce global emissions of greenhouse gases. Despite the perceptible surge of green enthusiasm among world leaders. It [...]